I don’t know the pros/cons of company share, but it’s better to get something strata titled.

The banks also prefer strata to company share if you are getting finance.

Thanks too muppet, i’ll have a look but i don’t know if it’ll have more/different listings to the hard copy i’ve got.

Yack, I also used to invest locally until i realised i was missing out on other markets – so now i invest where i get the returns (VIC, QLD, NSW, NZ). Not sure what the extra $2k-$3k is for?

I’ve got the local Yellow Pages but it’s always good to get a…[Read more]

When i try and open the ebook offline, it opens up but when i go and click on the screen, it opens a little box saying to enter my username and password, and that i have to be online so that it can verify my username.
When i get online it then tells me it is incorrect and to contact the author.
I forgot to mention i’ve reinstalled…[Read more]

So how can I do this?

Dan, i don’t think it’s possible because it’s all about the purpose of the money, not the security.

But i think…[Read more]

When i try and open it, i connect to the ebook website and enter my username and password.

It then tells me i’ve made an error and to contact the author of the book.

Was there a time limit on the ebook?

“How To Make Your Money Last As Long As You Do”
By Margaret Lomas.
A good read, mainly for novice investors. This book is pitched at positive…[Read more]

I rang the ANZ in Wanganui today and they told me i had to go in personally to open a new account – even though i already have another joint account that i opened with them at that branch last week.

I went to the ANZ in Oz, to be told they have no idea but…[Read more]

Steve is an absolute genius and gives very good advice. The weekend seminar costs $286 and really just covers the venue and the buffet lunch that is included – excellent value.

If anyone is serious about investing, i highly recommend this seminar above…[Read more]

Well done on getting motivated again. Don’t get bogged down and suffer from “analysis paralysis” which results in not taking any action.

Read the “bible” to property investing in Australia called “More Wealth from Residential Property” written by Jan Somers.

Also check out the best free resource for property investing at:…[Read more]

http://www.somersoft.com/forums/showthread.php?s=&threadid=8145

If this guy can do it, so should you:

http://66.111.38.199/forums/showthread.php?s=&threadid=7947

It’s a shame that you earn a decent income but don’t have any savings or assets.
I think you need to educate yourself by reading…[Read more]

They are the cheapest and offer the best cover for $179.04 p.a or $14.92 pcm per property.
Most of the others range from $220 – $300 pa.

This policy covers the main…[Read more]

You should get your IP’s and PPOR revalued every year and lock in that increased equity with a LOC.
With prices so high at the moment, it seems now would be a great time to do it.
It’s like buying shares when they are low and…[Read more]

I have not had any good experiences with police and do not respect them at all.

They are a brotherhood that believe they can do whatever they want because, hey, who you gonna call and…[Read more]

I also use Gatherum-Goss & Associates and spoke to Sharon today about my structure.
She was able to set up a Pty Ltd to act as corporate trustee; a discretionary trust to run my business through, and a hybrid trust to purchase assets (shares & property) in. As you know, it’s important to seperate your business dealings from the assets…[Read more]

1) Yes, i’d generally do this to save myself time and to keep a buffer between the tenant and myself. But since it’s a friend of yours they may feel that you are snubbing them somehow, and wonder why you’re doing it now all of a sudden after 5 years.

2) If you’re in Victoria, they need 60 days notice in writing if they are now on a…[Read more]

In the good old days, a rough rule of thumb was 5% for residential and 10% for commercial.

However yields are now down to 6%-7% in a lot of areas because of increased prices where the rent hasn’t kept up.

Quality property such as in Chapel St,…[Read more]

The last place i bought has a gross yield of 5.5% which ain’t that great, especially since i…[Read more]

quote:May i know who in this forum is using this accountant now>? Do they understand things about Positive Return Properties and Interest Only Loans. IN other words, are they good in property investment and other things like business, etc?
I may want to go and visit this guy.

Yes, Dale is my accountant and he’s very, very good. In fact…[Read more]

When a capital gain event is trigerred, we must pay CGT on the gain.
However there are some instances where CGT can be avoided or minimized such as when selling a small business, or when putting capital gains directly into super in the same financial year as the event.

All the usual disclaimers apply and i’d check with…[Read more]

If you want more info on this…[Read more]

This is a UK site and it’s well run by Ollie with a lot of active users.

There are lots of active people on this forum and the guy who set it up (Ollie) is also very…[Read more]

You must have me mistaken for that Chinese guy that studied medicine and does massage.

I’d do the same if i had the time, but i’d rather pay my 4% commission and save my precious time for better things.

I agree that most PM’s are pretty slack, but most will try and do the right thing if they’re in it for…[Read more]

I’m curious as to how HK runs his workshops and if you thought it was good value considering you could have used that money as a deposit on a property.

A few questions if you don’t mind answering them:

1) What was the…[Read more]

If you can’t get a tenant within 2 weeks, you need to get realistic about your rent and meet the market.
As AD also pointed out, you should try and add value to the property with strategies such as 1-2 weeks free rent, or include a DVD player, Sony…[Read more]

But in Victoria you can access the deposit before settlement if you sign a Section 27 form with your conveyancer.

A copy will be given to the agent when you sell, and you can get the 10% deposit after 28 days.

http://www.somersoft.com/forums/showthread.php?s=&threadid=8779

It may give you some ideas on what other people are doing about it. Making the transition to a full time investor can be scary and you’ll need to have some tolerance to risk as well as being well…[Read more]

Sex Toys – Gifts to beneficiaries of a trust.

Alcohol – As gifts given to staff, customers and business associates. At conclusion of seminars with finger food.

Birthday Presents – Under $100 for all employees.

Bonuses – Given to employees for jobs well done

Books – Work related, Investment related, As…[Read more]

Did you also look at houses in the area?
I thought you could probably pick up a house for the same sort of money in this area?

Hi Joe, please report back to the forum on what you thought of Michael Yardney’s weekend seminar.
I’d love to do it, but the $3,500 is a bit much for me at the moment.
But if you really recommend it, i may consider going.

Cheers,
Q []

But i don’t think you’re referring to this particular clause?

What country are you from and can you do it there?

and do a search for “Steve Navra” and/or “cashbonds”.

They are ideal for someone in your situation who is asset rich but cash poor.

If you leave in Melbourne and are quick enough, you may be able to book into Steve’s weekend workshop which is highly recommended and all will be revealed to you. It will be…[Read more]

I think what you’re asking is the difference between the gross yield and the net yield.

If you deduct the annual costs of the property (maintenance, rates, agent commission, insurance, body corporate etc) from the gross annual rent and then work out the yield, it will be lower.

Example of gross yield:
Purchase price =…[Read more]

You can buy a lot of books for $15k, alternatively you could use it as a deposit on a property.

The extra cashflow you will have with an I.O. loan can allow you to divert that towards your own mortgage.

If you had a P&I loan on your IP, your repayments would be…[Read more]

Happy reading []

“How To Create An Income For Life”
By Margaret Lomas.
A fantastic book that is easy to read, written by a lady with lots of enthusiasm. For an insight to…[Read more]

https://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=1269

This is where you asked the same question and got a reply.

I found 6 questions of a similar nature on the last 5 pages. If you do a search, i’m sure you’ll find a lot more.

Here’s my good deed for the day – i have posted links to the same type of question you…[Read more]

The problem with Coomera is that there is still a lot of land in the area that can be released. Obviously this will satisfy any future demand which will not be good for cap gains.

I agree with Terry and would invest in Dale’s “Tust Magc” book – i’m halfway through it and it’s got a lot of good info in it.

Also make sure they actually come to visit the property as i’ve heard some won’t and also that their schedules are for 40 years and not 10 years.

Make sure the QS that you…[Read more]